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Electricity Transmission
Dalekovod, ELES Sign Contracts for Power Lines Worth EUR 59.5 Million
Croatia’s Dalekovod Group has signed contracts for three projects with Slovenia's transmission system operator ELES. The investment is estimated at EUR 59.5 mi…
Energy Investment
World Bank to Support Nepal's Energy Sector with $100m Credit
The World Bank has agreed to support energy sector reform in Nepal by giving the country's government a $100m development policy credit.
Egyptian Firm Globaltronics to Receive $10m from IFC to Improve Energy Efficiency
The Egyptian supplier of electric energy meters, Globaltronics, will obtain an investment of $ 10 million from the International Finance Corporation.
Smart Grid
Smart Energy Grids Become More Compelling
Utilities are investing in a range of smart components– smart meters, fuses switches– in grids.
Energy Technology
Cummins Continues Growth in Hydrogen Technology
Columbus-based Cummins Inc. has launched a joint venture with a European hydrogen storage company as it continues to expand its investment and exploration of hy…
Energy Storage Project
Gore Street Acquires 50MW Scottish Storage Project
Energy storage investment fund Gore Street has reached a deal to acquire 100% of the 50MW Ferrymuir project in Fife, Scotland.
Market Analysis
Africa's Solar Ambitions Scale Up
May was a big month for solar power announcements in Africa and Chinese investment in African renewables has increased despite continuing focus on coal.
Combined Heat and Power
Vinex Etil Inaugurates 2.2 MW Biogas CHP Plant Near Zrenjanin
The company Vinex Etil has put into operation a combined heat and power (CHP) plant on biogas in the village of Lukićevo near Zrenjanin in Vojvodina.The compan…
China State Grid to Invest 24.7 bln Yuan in New Infrastructure this Year
The State Grid Corporation of China announced Monday it will invest 24.7 billion yuan in new infrastructure across the country this year.
Energy Investment
Mitsui Invests $25m in FirstElement Fuel
Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.
Wind Power Project
APICORP Invests in Jordan Wind Project Company
Multilateral development bank Arab Petroleum Investments has invested in wind energy venture Jordan Wind Project Company.
Micro Reactor
US-Based Last Energy Invests in Estonian SMR Project
The company plans to build a small modular reactor in Estonia.
Energy Investment
Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.
Thermal Plant
PV Power Approves Plan to Build Nhon Trach Thermal Power Plants
The PetroVietnam Power Corporation has approved an investment plan to build Nhon Trach 3 and 4 thermal power plants with combined capacity of between 1,300-1,76…
Solar Power Plant
ADB to Invest $17.7 Million in a Solar Power Project in Bangladesh
This is one of the first private sector solar projects in the country financed by a multilateral institution.
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